Volkswagen’s EV sales surge 42% despite slump in China
By Hanna Ziady, CNN Volkswagen says it won’t cut prices to hold onto market share in China, where sales of its electric vehicles plunged in the…
Continue ReadingBy Hanna Ziady, CNN Volkswagen says it won’t cut prices to hold onto market share in China, where sales of its electric vehicles plunged in the…
Continue ReadingBy Julia Horowitz, CNN JPMorgan Chase’s rescue of First Republic Bank in the United States this week didn’t herald the end of the banking…
Continue ReadingBy Brian Fung, CNN The White House on Thursday announced a series of measures to address the challenges of artificial intelligence, driven by the…
Continue ReadingBy Brian Fung, CNN The White House on Thursday announced a series of measures to address the challenges of artificial intelligence, driven by the…
Continue ReadingBy Samantha Murphy Kelly, CNN Business By any standard, John August is a successful screenwriter. He’s written such films as “Big…
Continue ReadingBy Samantha Murphy Kelly, CNN Business By any standard, John August is a successful screenwriter. He’s written such films as “Big…
Continue ReadingBy David Goldman, CNN First Horizon and TD Bank have called off a $13 billion deal that would have formed America’s sixth-largest bank, adding…
Continue ReadingBy Casey Tolan and Isabelle Chapman, CNN. Photographs by Austin Steele, CNN Mimi Perkins’ job on the graveyard shift at a Tyson Foods poultry…
Continue ReadingBy Michelle Toh, CNN The United States said Wednesday it would allow Chinese airlines to boost their services to America, handing the carriers a…
Continue ReadingBy Samantha Kelly Microsoft is rolling out the new AI-powered version of its Bing search engine to anyone who wants to use it. Nearly three months…
Continue ReadingBy Vedika Sud, Rhea Mogul and Sania Farooqui CNN The women wake just after dawn at the makeshift protest site, their belongings stacked under…
Continue ReadingBy Laura He, CNN Holiday spending during China’s Golden Week has surged past pre-pandemic levels for the first time in three years, in a sign…
Continue ReadingBy Jack Forrest, CNN Former first lady Michelle Obama announced Wednesday the launch of a healthy food and beverage company she co-founded to offer…
Continue ReadingBy Alicia Wallace, CNN High prices, rising interest rates and banking uncertainty be damned: The US labor market is still chugging right along.…
Continue ReadingBy Alicia Wallace, CNN The Federal Reserve on Wednesday announced its 10th-straight interest rate hike, raising its benchmark rate by another quarter…
Continue ReadingBy Tierney Sneed and Oliver Darcy, CNN A New York judge dismissed a 2021 lawsuit that former President Donald Trump brought against the New York…
Continue ReadingBy Matt Egan, CNN White House economists warned on Wednesday that a protracted debt default would cause the loss of more than 8 million jobs and cut…
Continue ReadingBy Elisabeth Buchwald, CNN When Federal Reserve Chair Jerome Powell talks, markets listen. But you may not. But what Powell says matters a lot. He…
Continue ReadingBy Nicki Brown and Sabrina Souza, CNN The jury in the Ed Sheeran copyright infringement case — about whether Sheeran’s smash single…
Continue ReadingBy David Goldman and Mark Thompson, CNN Another US regional lender caught up in the worst banking crisis since 2008 is looking for help. PacWest…
Continue ReadingBy Matt Egan, CNN White House economists warned on Wednesday that a protracted debt default would cause the loss of more than 8 million jobs and cut…
Continue ReadingBy Anna Cooban, CNN Britons choosing to celebrate the coronation of King Charles III on Saturday with a typical supermarket quiche will find it costs…
Continue ReadingBy Jennifer Korn The days of having to think up new passwords that aren’t “password123” may be coming to an end — at least on…
Continue ReadingBy Bryan Mena, CNN The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central…
Continue ReadingBy Jeanne Sahadi, CNN After the Federal Reserve hiked its key interest rate on Wednesday for the 10th consecutive time, those seeking a mortgage or…
Continue ReadingBy Lauren del Valle, CNN JPMorgan Chase CEO Jamie Dimon is scheduled to be deposed May 26 and 27 in two civil cases related to the bank’s…
Continue ReadingBy Oliver Darcy, CNN Business Tucker Carlson sent a racist text message that “set off a panic at the highest levels of Fox” and…
Continue ReadingBy Oliver Darcy, CNN Business Tucker Carlson sent a racist text message that “set off a panic at the highest levels of Fox” and…
Continue ReadingBy Chris Isidore, CNN The structure and economics of the entertainment industry are changing ferociously fast. Nowhere is that more evident than on…
Continue ReadingBy Brian Fung, CNN The Federal Trade Commission on Wednesday accused Facebook-parent Meta of violating its landmark $5 billion privacy settlement and…
Continue ReadingBy Chris Isidore, CNN The structure and economics of the entertainment industry are changing ferociously fast. Nowhere is that more evident than on…
Continue ReadingBy Krystal Hur, CNN JPMorgan Chase, the biggest bank in the United States, is growing bigger. And as the bank swells in size, so does the potential…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Apple and Google are working together on a new industry-wide effort to help limit the risk of Bluetooth…
Continue ReadingBy Laura He, CNN Tesla has raised prices in its most important electric vehicle markets, including China and the United States, reversing a series of…
Continue ReadingBy Danielle Wiener-Bronner, CNN The pandemic helped revive an old-fashioned meal category: the frozen dinner. Now Kraft is betting big that it can…
Continue ReadingBy Jennifer Korn Geoffrey Hinton, also known as the “Godfather of AI,” decided he had to “blow the whistle” on the technology…
Continue ReadingBy Julia Horowitz, CNN The Federal Reserve is widely expected to raise its benchmark interest rate again on Wednesday, lifting it above 5% for the…
Continue ReadingBy Chris Isidore, CNN Ford is once again cutting the price of its electric SUV, the Mustang Mach-E, as it ramps up its price war with Tesla. Tesla,…
Continue ReadingBy Kristen Holmes and Jon Passantino, CNN In a newly revealed text message, ousted Fox News host Tucker Carlson made a racist comment and said he…
Continue ReadingBy Sean Lyngaas and Donie O’Sullivan, CNN Hackers have seized on worldwide interest in the artificial intelligence-powered tool ChatGPT in an…
Continue ReadingBy Samantha Kelly Microsoft is rolling out the new AI-powered version of its Bing search engine to anyone who wants to use it. Nearly three months…
Continue ReadingBy Michelle Watson, CNN Two 10-year-old children were found working at a Louisville McDonald’s restaurant — sometimes until 2 a.m. — the US…
Continue ReadingFrom CNN’s Krystal Hur, Bryan Mena, Alicia Wallace, Jeanne Sahadi, Matt Egan and Allison Morrow The-CNN-Wire™ & © 2023 Cable…
Continue ReadingBy Alicia Wallace, CNN There’s good news on the inflation front: Annual price growth fell to its lowest pace in nearly two years, the Commerce…
Continue ReadingBy Donie O’Sullivan and Sean Lyngaas, CNN Facebook’s parent company Meta announced Wednesday that it has taken down a network of more…
Continue ReadingBy Jordan Valinsky, CNN Anheuser-Busch will report earnings Thursday, marking the first time it will face Wall Street analysts’ questions since…
Continue ReadingBy Jordan Valinsky, CNN Nordstrom is closing both of its stores in downtown San Francisco, citing the changing “dynamics” of the area…
Continue ReadingFrom CNN’s Krystal Hur, Bryan Mena, Alicia Wallace, Jeanne Sahadi, Matt Egan and Allison Morrow The-CNN-Wire™ & © 2023 Cable…
Continue ReadingBy David Goldman, CNN First Horizon and TD Bank have called off a $13 billion deal that would have formed America’s sixth-largest bank, adding…
Continue ReadingBy Kristen Holmes and Jon Passantino, CNN In a newly revealed text message, ousted Fox News host Tucker Carlson made a racist comment and said he…
Continue ReadingBy Kristen Holmes and Jon Passantino, CNN In a newly revealed text message, ousted Fox News host Tucker Carlson made a racist comment and said he…
Continue ReadingBy Bryan Mena, CNN The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central…
Continue ReadingBy Vedika Sud, Rhea Mogul and Sania Farooqui CNN The women wake just after dawn at the makeshift protest site, their belongings stacked under…
Continue ReadingBy Danielle Wiener-Bronner, CNN During his first earnings call as the new Starbucks CEO, Laxman Narasimhan praised the company for its financial…
Continue ReadingBy Clare Duffy, CNN TikTok is about to lose a key safety executive as the app faces growing pressure from lawmakers and threats of a ban in the…
Continue ReadingBy Jessie Yeung, CNN It’s one of the world’s priciest cities, with the least affordable housing market on the planet and parking spaces…
Continue ReadingBy Jennifer Korn Geoffrey Hinton, also known as the “Godfather of AI,” decided he had to “blow the whistle” on the technology…
Continue ReadingBy Jennifer Korn Geoffrey Hinton, also known as the “Godfather of AI,” decided he had to “blow the whistle” on the technology…
Continue ReadingBy Tami Luhby and Elisabeth Buchwald, CNN President Joe Biden and House Republicans may have as little as a month to prevent the US from defaulting…
Continue ReadingBy Brian Fung, CNN Twitter said Tuesday it will permit public institutions such as transit agencies and the National Weather Service to post large…
Continue ReadingBy Sam Fossum Ahead of a highly anticipated meeting between President Joe Biden and Congressional leaders on Tuesday, senior Treasury officials…
Continue ReadingBy Matt Egan, CNN JPMorgan Chase has once again come to the rescue of the banking system by acquiring a doomed bank. And that makes Democratic Sen.…
Continue ReadingBy Elisabeth Buchwald, CNN For the second time this year, the Federal Reserve is gearing up to raise interest rates right after a bank failure. In…
Continue ReadingBy Chris Isidore, CNN American Airlines pilots voted to go on strike Monday. Southwest pilots are holding a strike vote as well. But none of those…
Continue ReadingBy Krystal Hur, CNN Stocks fell steeply Tuesday as investors grew fearful that turmoil in the banking sector has not been contained, and ahead of a…
Continue ReadingBy Peter Valdes-Dapena, CNN Business A decade ago, the Tesla Model S was MotorTrend’s Car of the Year and Consumer Reports hailed it as the…
Continue ReadingBy Krystal Hur, CNN Stocks fell steeply Tuesday as investors grew fearful that turmoil in the banking sector has not been contained, and ahead of a…
Continue ReadingBy Nicole Goodkind, CNN Want to know what the future holds for the US economy? You’ll have to consult your crystal ball. But if that…
Continue ReadingBy Jeanne Sahadi Let’s be frank: If you have a US bank account, hearing about bank failures in the past couple of months hasn’t felt…
Continue ReadingBy Jennifer Korn Geoffrey Hinton, who has been called the ‘Godfather of AI,’ confirmed Monday that he left his role at Google last week…
Continue ReadingBy Alicia Wallace, CNN The number of open jobs in the United States has dropped to the lowest level since May 2021, a reflection of a labor market…
Continue ReadingBy Nathaniel Meyersohn, CNN US Congress is stepping up the pressure on Chinese fast-fashion giant Shein. In a letter to the Securities and Exchange…
Continue ReadingBy Brian Fung, CNN Some of the internet’s biggest adult websites, including Pornhub, are now blocking access to Utah users over a new age…
Continue ReadingBy Brian Fung, CNN Some of the internet’s biggest adult websites, including Pornhub, are now blocking access to Utah users over a new age…
Continue ReadingBy Jordan Valinsky, CNN Business Tuesday Morning is going out of business and closing all of its stores. It is the second major US home goods…
Continue ReadingBy Julia Horowitz, CNN Europe’s banks are pulling back access to credit, and a key measure of inflation in the region has cooled, bolstering…
Continue ReadingBy Nathaniel Meyersohn, CNN Kroger, the largest grocery chain in the United States, is ditching its long-running weekly newspaper ad circulars…
Continue ReadingBy Chris Isidore and Juliana Liu, CNN More than 11,000 members of the Writers Guild of America (WGA) are set to go on strike Tuesday morning for the…
Continue ReadingBy Catherine Thorbecke, CNN Uber on Tuesday reported revenue of $8.8 billion for the quarter ending in March, a 29% increase from the same period…
Continue ReadingBy Hanna Ziady, CNN Shares of BP fell more than 5% Tuesday after the energy giant said it would return less cash to investors following a drop in…
Continue ReadingBy Matt Egan, CNN Sheila Bair, who guided the FDIC through the Great Recession, worries the Federal Reserve is making today’s banking crisis…
Continue ReadingBy Michelle Toh, CNN HSBC announced it had tripled its quarterly profit Tuesday, blowing past expectations as it benefited from high interest rates…
Continue ReadingBy Michelle Toh, CNN Jack Ma has a new job: visiting professor in Japan. The Chinese billionaire has joined Tokyo College, under the University of…
Continue ReadingBy Chris Isidore and Juliana Liu, CNN More than 11,000 members of the Writers Guild of America (WGA) are set to go on strike Tuesday morning for the…
Continue ReadingBy Ivana Kottasová, CNN The first time Angela Davis went to a food bank was mortifying. The single mother of five — with three kids still…
Continue ReadingBy Matt Egan, CNN Morgan Stanley is planning another round of layoffs that would wipe out approximately 3,000 jobs, a person familiar with the matter…
Continue ReadingBy Laura Ly and Peter Valdes-Dapena, CNN Some Kia, Hyundai and Honda models are getting stolen in New York City so often that the Mayor is giving out…
Continue ReadingBy Peter Valdes-Dapena, CNN Shares of electric truck maker Lordstown Motors dropped more than 40% in Monday trading and ended the day down 23%, after…
Continue ReadingBy Ramishah Maruf, CNN Who wants a big bowl of “chocolatey crispy deliciousness” for breakfast? General Mills is betting a lot of people…
Continue ReadingBy Elisabeth Buchwald, CNN The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business…
Continue ReadingBy Nicki Brown, CNN Musician Ed Sheeran appeared visibly frustrated on the stand Monday as he continued his testimony in the second week of his…
Continue ReadingBy Nicki Brown and Sabrina Souza, CNN The jury in the Ed Sheeran copyright infringement case — about whether Sheeran’s smash single…
Continue ReadingHuge disruptions will rock the global job market over the next five years as the economy weakens and companies boost adoption of technologies such as…
Continue ReadingBy Nathaniel Meyersohn, CNN In the 1980s, a new type of specialty retail chain started to emerge: “category killers.” The stores’…
Continue ReadingBy Jennifer Korn Geoffrey Hinton, who has been called the ‘Godfather of AI,’ confirmed Monday that he left his role at Google last week…
Continue ReadingBy Brian Fung, CNN Former Twitter CEO Jack Dorsey backtracked Saturday on his earlier endorsement of Elon Musk as the right choice to lead the…
Continue ReadingBy Matt Egan, Chris Isidore and Alicia Wallace, CNN The collapse of First Republic Bank is unlikely to worsen the US economic outlook, JPMorgan CEO…
Continue ReadingBy Jeanne Sahadi, CNN First Republic Bank was taken over by the Federal Deposit Insurance Corporation on Monday, with most of its assets sold to…
Continue ReadingBy Jordan Valinsky, CNN Business Adidas shareholders filed a class-action lawsuit against the brand, accusing it of failing to warn investors about…
Continue ReadingBy Nicole Goodkind, CNN The founder and CEO of Chobani, a company that quickly captured more than 20% of the US yogurt market, has a clear mission:…
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